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Discover Latest #Privatisation News, Articles and Videos with Contenting
Privatization is the process by which public services, such as utilities and transportation, are transferred from public to private ownership and control. It is a controversial political issue and has been the subject of much debate in recent years. In this section, you will find news, articles, and videos about privatisation, its advantages and disadvantages, and its effects on different sectors.
Coalition dharma may see revival of Vizag steel plant - BusinessToday
In December 2021, the Union Cabinet approved the privatisation plans for RINL, giving a nod for the 100 per cent strategic disinvestment of the company. However, the process has been stalled since then due to the opposition of the Andhra Pradesh government led by the YSRCP.
South Africa update - Marginal REVOLUTION
The African National Congress no longer regards privatisation as a “swear word” and has accepted that “bringing private sector money on board is not selling your soul”, said South Africa’s deputy president Paul Mashatile. In an interview with the Financial Times at the end of a week-long investor roadshow to Britain and Ireland, Mashatile said […]
Nothing stops private sector from coming and doing business in India: Nirmala Sitharaman - The Economic Times
In a recent discussion, Union Finance Minister Nirmala Sitharaman emphasised that no sector is off-limits for private business in India. Highlighting reforms under Prime Minister Modi, she stated that privatisation and ease of doing business have been prioritized to eliminate red tape and corruption.
Vistara merger with Air India takes off, Group to now operate 300 aircraft | Zee Business
The Air India Group completed the operational integration and legal merger between Air India and Vistara, creating a full-service carrier of scale and marking a significant milestone in the post-privatisation transformation journey. Get more Aviation News and Business News on Zee Business.
Pakistan: PIA likely to be sold to a foreign government via SIFC - The Economic Times
Pakistan International Airlines (PIA) may be sold to a foreign government after the Privatisation Commission rejected a Rs10 billion bid from the Blue World Consortium. The airline is now likely to be sold under a government-to-government agreement, with Qatar or Abu Dhabi considered potential buyers.